AMPLIFY ETF TRUST
Amplify High Income ETF YYY
Amplify Online Retail ETF IBUY
Amplify CWP Enhanced Dividend Income ETF DIVO
Amplify Transformational Data Sharing ETF BLOK
Amplify Lithium & Battery Technology ETF BATT
Amplify BlackSwan Growth & Treasury Core ETF SWAN
Amplify Emerging Markets FinTech ETF EMFQ
Amplify Seymour Cannabis ETF CNBS
Amplify BlackSwan ISWN ETF ISWN
Amplify Thematic All-Stars ETF MVPS
Amplify BlackSwan Tech & Treasury ETF QSWN
Amplify Inflation Fighter ETF IWIN
Amplify Natural Resources Dividend Income ETF NDIV
Amplify International Enhanced Dividend Income ETF IDVO
Amplify Cash Flow Dividend Leaders ETF COWS
Amplify Cash Flow High Income ETF HCOW
ANNUAL REPORT
October 31, 2023
Amplify ETF Trust
Table of Contents
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Amplify ETF Trust (the “Trust”) files its complete schedule of fund holdings with the Securities and Exchange Commission (the “Commission”) for the first and third quarters of each fiscal year on Part F of Form N-PORT within sixty days after the end of the period. The Trust’s Part F of Form N-PORT is available on the Commission’s website at www.sec.gov, and may be reviewed and copied at the Commission’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.
A description of the policies and procedures that Amplify Investments, LLC (the “Adviser”) uses to determine how to vote proxies relating to portfolio securities, as well as information relating to how a fund voted proxies relating to portfolio securities during the most recent 12-month period ended June 30, is available (i) without charge, upon request, by calling 1-855-267-3837 and (ii) on the Commission’s website at www.sec.gov.
1
A review of equity markets this year could perhaps best be described as “it was the best of times, it was the worst of times,” to quote Charles Dickens. In October of 2022 equity markets began to rebound after a miserable year, a rally that continued for the first half of 2023. The Federal Reserve (Fed) raised interest rates four times in 2023, but the economy showed surprising resilience to the higher rate regime and fears of a recession waned. Prices remained high for many goods, but the rate of inflation moderated, and consumers continued to spend. The equity market peaked on July 31, at which point the Standard & Poor's (S&P) 500 Index was up 19.5% for the year.
However, concerns over lackluster earnings, as well as the potential for slowing growth and lofty valuations sparked a sharp reversal. From August through October, equities declined for three straight months, at one point entering the technical definition of a correction of a 10% decline of the S&P 500 Index from its most recent high. Nonetheless, as of October 31, 2023, the S&P 500 Index was still up 9.2% for the year, and 17% from its low in October 2022.
A critical feature of equity markets this year was the concentration of returns. Most of the rise of the S&P 500 Index through July of 2023 – as well as the decline in late summer into early fall – was attributable to just seven stocks frequently referred to as the “Magnificent Seven” – Apple, Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. Together, they account for around half of the weighting of the Nasdaq 100 and represent the largest combined weight of the top seven companies in the S&P 500 Index seen this century. Although they represent different aspects of the tech industry, including hardware, software, AI, social media and electric vehicles, that is still a major concentration, with significant portfolio construction implications. The severity of the market swing this year resulting from such a concentration of stocks in an index underscores yet again the importance of diversification.
The late summer swoon in stocks also coincided with a selloff in bonds as expectations grew that interest rates would remain high for some time, even with the Fed announcing a pause in rate hikes. Treasury yields rose sharply (when bond prices fall, yields rise), with most notably, the yield on a 10-year Treasury note hitting 5%, a significant milestone, although it has since fallen back somewhat. The rise in interest rates led to higher yields in cash investments, such as money market funds and certificates of deposit, reaching 5% in some cases. As a result, many investors decided to “de-risk” their portfolio and embrace the relative safety of cash investments, which offered decent returns for the first time in many years.
From a sector perspective, 2023 saw sectors associated with stronger economic conditions perform best, a reversal from what investors experienced in 2022. Communication Services and Technology led the pack with returns of 36.6% and 33.7%, respectively, while Consumer Discretionary was up 20%. Sectors most impacted by higher rates were the worst performers, with Utilities down 15.5% and Real Estate down 10.7%. Consumer Staples, a traditional “defensive” sector also lagged, declining 7.9%, while Energy was not able to repeat its 2022 success, when it was the only positive performing sector in the S&P 500 Index, falling 3% through October 31st, 2023.
Although investors were mostly focused on the economy and Federal Reserve rate hikes, geopolitical turmoil continued to weigh on investors’ minds. Concerns about the health of China’s real estate and banking sectors, and its potential impact on global growth, a bloody stalemate in the war in Ukraine, and, of course, the war in Israel, all contributed to geopolitical uncertainty. Still, the market impacts from those events have been relatively muted. Similarly, the US political situation, with the budget battles, potential government shutdowns, and the removal of the Speaker of the House, all dominated headlines, but had relatively little impact on markets.
Looking ahead to 2024, many of the drivers of returns this year – economic growth, the Fed, company earnings and stock valuations – are likely to continue. However, geopolitical concerns may become more top of mind for investors, particularly as we head into the US presidential election season, especially if it seems likely there will be a change in economic policy. The “best of times, worst of times” market environment could well persist in 2024.
Past performance does not guarantee future results.
Investing involves risk; Principal loss is possible. Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security.
Please see the Schedule of Investments for a complete list of Fund holdings.
S&P 500 Index: The S&P 500 is a market value weighted index and one of the common benchmarks for the U.S. stock market.
2
The Amplify High Income ETF (YYY or the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the ISE High IncomeTM Index (the “Index”). The Fund will normally invest at least 80% of its net assets (plus borrowings for investment purposes) in securities of the Index. Because the Index is comprised of securities issued by other investment companies (as opposed to operating companies), the Fund operates in a manner that is commonly referred to as a “fund of funds,” meaning that it invests its assets in shares of funds that are included in the Index.
The Fund had a NAV total return of 3.52%. The Index had a total return of 3.85%. The S&P 500 Index had a total return of 10.14%. The Fund invests in closed-end funds with exposure to a variety of asset classes. Across the asset classes, mixed allocation funds contributed 9.39%, fixed income funds contributed 5.04% followed by equity funds at 2.83%. The performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||||||||
|
One Year |
Three Year |
Five Year |
Ten Year |
Inception to
| ||||||
|
Amplify High Income ETF – NAV |
3.52% |
0.73% |
0.78% |
1.96% |
3.73% | |||||
|
Amplify High Income ETF – Market Price |
3.30% |
0.59% |
0.68% |
1.89% |
3.69% | |||||
|
Hybrid SWM/ISE High Income Index(b) |
3.85% |
1.17% |
1.27% |
2.30% |
3.98% | |||||
|
ISE High Income Index |
3.85% |
1.17% |
1.27% |
2.30% |
3.38%(c) | |||||
|
S&P 500 Index |
10.14% |
10.36% |
11.01% |
11.18% |
12.92% | |||||
(a) Fund commenced operations on June 11, 2012.
(b) Reflects performance of Sustainable North American Oil Sands Index® through June 20, 2013 and ISE High Income Index thereafter.
(c) This figure represents performance of the ISE High Income IndexTM after the change in the index strategy utilized by the Fund beginning on June 20, 2013, and not since inception.
3
Amplify ETF Trust
Amplify High Income ETF
Fund Performance
October 31, 2023 (Unaudited) (Continued)
The Fund is the successor to the investment performance of the YieldShares High Income Fund (the “Predecessor High Income Fund”) as a result of the reorganization of the Predecessor High Income Fund into the Fund on October 7, 2019. Accordingly, the performance information shown in the chart and table above for periods prior to October 7, 2019 is that of the Predecessor High Income Fund’s Shares for the Fund. The Predecessor High Income Fund was managed by the same portfolio managers as the Fund and had substantially the same investment objectives, policies, and strategies as the Fund.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/YYY. Per the prospectus, the Fund's Total Expense Ratio was 2.72%. Prior to June 20, 2013, the Fund sought to provide investment results that, before fees and expenses, corresponded generally to the price and yield performance of the SWM Index. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
4
Amplify ETF Trust
Amplify Online Retail ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify Online Retail ETF (IBUY or the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the EQM Online Retail Index (the “Index”). The Index seeks to measure the performance of global equity securities of publicly traded companies with significant revenue from the online retail business. The Index methodology is designed to result in a portfolio that has the potential for capital appreciation.
The Fund had a NAV total return of 3.62%. The Index had a total return of 4.23%. The S&P 500 Index had a total return of 10.14%. During the fiscal year, the top three sectors for contribution to performance were Real Estate at 46.02%, Industrials at 13.29% and Consumer Staples at 11.03%. The sectors with the lowest contribution to performance were Communication Services at -0.34%, Financials at -19.91% and Health Care at -43.42%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||||||
|
One Year |
Three Year |
Five Year |
Inception
to | |||||
|
Amplify Online Retail ETF – NAV |
3.62% |
-22.21% |
-0.92% |
7.09% | ||||
|
Amplify Online Retail ETF – Market Price |
3.30% |
-22.24% |
-0.89% |
7.07% | ||||
|
EQM Online Retail Index |
4.23% |
-21.95% |
-0.67% |
7.42% | ||||
|
S&P 500 Index |
10.14% |
10.36% |
11.01% |
11.62% | ||||
(a) Fund commenced operations on April 19, 2016.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/IBUY. Per the prospectus, the Fund's Total Expense Ratio was 0.65%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
5
Amplify ETF Trust
Amplify CWP Enhanced Dividend Income ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify CWP Enhanced Dividend Income ETF (DIVO or the “Fund”) seeks to provide current income as its primary investment objective and to provide capital appreciation as its secondary investment objective. The Fund is actively managed and invests at least 80% of its net assets (plus borrowings for investment purposes) in dividend-paying U.S. exchange-traded equity securities and will opportunistically utilize an “option strategy” consisting of writing (selling) U.S. exchange-traded covered call option contracts on such equity securities.
The Fund had a NAV total return of 1.47%. The Fund is actively managed and does not track an index. The S&P 500 Index had a total return of 10.14%. The Dow Jones Industrial Average and Cboe S&P 500 BuyWrite Index had total returns of 0.98% and 7.27%, respectively. During the fiscal year, the top three sectors for contribution to performance were Information Technology at 32.79%, Financials at 7.27% and Consumer Staples at 5.51%. The sectors with the lowest contribution to performance were Materials at -6.37%, Energy at -11.41% and Industrials at -13.05%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||||||
|
One Year |
Three Year |
Five Year |
Inception
to | |||||
|
Amplify CWP Enhanced Dividend Income ETF – NAV |
1.47% |
10.78% |
9.84% |
10.42% | ||||
|
Amplify CWP Enhanced Dividend Income ETF – Market Price |
1.18% |
10.66% |
9.79% |
10.40% | ||||
|
Cboe S&P 500 BuyWrite Index |
7.27% |
8.30% |
3.85% |
4.67% | ||||
|
Dow Jones Industrial Average |
0.98% |
7.64% |
5.65% |
7.64% | ||||
|
S&P 500 Index |
10.14% |
10.36% |
11.01% |
11.28% | ||||
(a) Fund commenced operations on December 13, 2016.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/DIVO. Per the prospectus, the Fund's Total Expense Ratio was 0.55%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
The Fund changed its benchmark indices from the Cboe S&P 500 BuyWrite Index and Dow Jones Industrial Average to the S&P 500 Index.
6
Amplify ETF Trust
Amplify Transformational Data Sharing ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify Transformational Data Sharing ETF (BLOK or the “Fund”) seeks to provide investors with total return. The Fund is an actively managed ETF investing in equity securities of companies actively involved in the development and utilization of blockchain technologies across a wide variety of industries that are leading in the research, development, utilization, and funding of blockchain-based transformational data sharing technologies.
The Fund had a NAV total return of 11.05%. The Fund is actively managed and does not track an index. The S&P 500 Index and MSCI AC World Index Net had total returns of 10.14% and 10.50%, respectively. During the fiscal year, the top three sectors for contribution to performance were Consumer Staples at 16.57%, Information Technology 16.34 and Financials at 3.01%. The sectors with the lowest contribution to performance were Communication Services at -12.94%, Consumer Discretionary at -18.73% and Energy at -21.04%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||||||
|
One Year |
Three Year |
Five Year |
Inception
to | |||||
|
Amplify Transformational Data Sharing ETF – NAV |
11.05% |
-1.14% |
7.26% |
3.77% | ||||
|
Amplify Transformational Data Sharing ETF – Market Price |
8.42% |
-1.19% |
7.29% |
3.79% | ||||
|
MSCI AC World Index Net |
10.50% |
6.68% |
7.47% |
4.94% | ||||
|
S&P 500 Index |
10.14% |
10.36% |
11.01% |
9.28% | ||||
(a) Fund commenced operations on January 16, 2018.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/BLOK. Per the prospectus, the Fund's Total Expense Ratio was 0.75%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
7
Amplify ETF Trust
Amplify Lithium & Battery Technology ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify Lithium & Battery Technology ETF (BATT or the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the EQM Lithium & Battery Technology Index (the “Index”). The Index seeks to provide exposure to global companies deriving material revenue associated with the development, production and use of lithium battery technology including: (1) the development and production of lithium battery technologies and/or battery storage solutions, (2) the exploration, production, development, processing, and/or recycling of the materials and metals used in lithium-ion batteries such as Lithium, Cobalt, Nickel, Manganese, Vanadium and/or Graphite, and/or (3) the development and production of electric vehicles. The Index is adjusted quarterly.
The Fund had a NAV total return of -18.52%. The Index had a total return of -18.65%. The S&P 500 Index had a total return of 10.14%. The Fund’s investments during the year were in four different sectors. During the fiscal year, the top two sectors for contribution to performance were Consumer Discretionary at -3.33% and Information Technology -18.28%. The sectors with the lowest contribution to performance were Materials at -20.64% and Industrials at -31.76%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||||||
|
One Year |
Three Year |
Five Year |
Inception
to | |||||
|
Amplify Lithium & Battery Technology ETF – NAV |
-18.52% |
-0.98% |
-3.17% |
-10.53% | ||||
|
Amplify Lithium & Battery Technology ETF – Market Price |
-18.02% |
-0.98% |
-3.13% |
-10.47% | ||||
|
EQM Lithium & Battery Technology Index(b) |
-18.65% |
-0.86% |
N/A |
-1.63%(c) | ||||
|
S&P 500 Index |
10.14% |
10.36% |
11.01% |
10.02% | ||||
(a) Fund commenced operations on June 4, 2018.
8
Amplify ETF Trust
Amplify Lithium & Battery Technology ETF
Fund Performance
October 31, 2023 (Unaudited) (Continued)
(b) On October 14, 2020, the Fund ceased being an actively-managed fund and began following the EQM Lithium & Battery Technology Index. Therefore, the Fund’s performance and historical returns shown for the periods prior to October 14, 2020 are not indicative of the performance that the Fund, based on its current index and investment objective, would have generated. Performance data is not available for all the periods shown in the table for the Index because performance data does not exist for some of the entire periods.
(c) This figure represents performance of the EQM Lithium & Battery Technology Index after the change in the index strategy utilized by the Fund beginning on October 14, 2020, and not since inception. The Net Asset Value return for the period beginning on October 14, 2020 was -1.71%.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/BATT. Per the prospectus, the Fund's Total Expense Ratio was 0.59%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
9
Amplify ETF Trust
Amplify BlackSwan Growth & Treasury Core ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify BlackSwan Growth & Treasury Core ETF (SWAN or the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S-Network BlackSwan Core Index (the “Index”). The Fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in the securities that comprise the Index, which will primarily include U.S. Treasury securities and long-dated call options (“LEAP Options”) on the SPDR S&P 500 ETF Trust (“SPY”).
The Fund had a NAV total return of -2.97%. The Index had a total return of -2.62%. The S&P 500 Index had a total return of 10.14%. During the year the Fund primarily held LEAPS and US Treasuries. The LEAPS returned -52.91% for the period while the Treasuries returned -1.35%. The performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||||
|
One Year |
Three Year |
Inception
to | ||||
|
Amplify BlackSwan Growth & Treasury Core ETF – NAV |
-2.97% |
-5.85% |
1.50% | |||
|
Amplify BlackSwan Growth & Treasury Core ETF – Market Price |
-3.25% |
-5.90% |
1.42% | |||
|
S-Network BlackSwan Core Total Return Index |
-2.62% |
-5.24% |
2.30% | |||
|
S&P 500 Index |
10.14% |
10.36% |
10.82% | |||
(a) Fund commenced operations on November 5, 2018.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/SWAN. Per the prospectus, the Fund's Total Expense Ratio was 0.49%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
10
Amplify ETF Trust
Amplify Emerging Markets FinTech ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify Emerging Markets FinTech ETF (EMFQ or the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the EQM Emerging Markets Fintech Index (the “Index”). The Index seeks to measure the performance of equity securities (common stock and depositary receipts) issued by emerging market and frontier market companies that derive at least 50% of their revenue from financial technology (Fintech).
The Fund had a NAV total return of -0.59%. The Index had a total return of 0.34%. The S&P 500 Index had a total return of 10.14%. During the fiscal year, the top three sectors for contribution to performance were Industrials at 47.08%, Real Estate at 46.02% and Financials at 5.22%. The sectors with the lowest contribution to performance were Communication Services at -12.37%, Information Technology at -16.75% and Consumer Discretionary at -25.74%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||||
|
One Year |
Three Year |
Inception
to | ||||
|
Amplify Emerging Markets FinTech ETF – NAV |
-0.59% |
-23.51% |
-6.01% | |||
|
Amplify Emerging Markets FinTech ETF – Market Price |
-0.50% |
-23.67% |
-6.10% | |||
|
Hybrid EQM International Ecommerce/EQM Emerging Markets Fintech Index(b) |
0.34% |
-23.22% |
-5.47% | |||
|
EQM Emerging Markets FinTech Index |
0.34% |
-8.44%(c) |
3.20%(c) | |||
|
S&P 500 Index |
10.14% |
10.36% |
12.12% | |||
|
MSCI Emerging Markets Index |
10.80% |
-3.67% |
0.02% | |||
(a) Fund commenced operations on January 29, 2019.
(b) Reflects performance of EQM International Ecommerce Index through February 9, 2022 and EQM Emerging Markets FinTech Index thereafter.
(c) This figure represents performance of the EQM Emerging Markets FinTech Index after the change in the index strategy utilized by the Fund beginning on February 9, 2022, and not during the previous 3 years or since inception.
The Fund changed its benchmark index from the S&P 500 Index to the MSCI Emerging Markets Index.
11
Amplify ETF Trust
Amplify Emerging Markets FinTech ETF
Fund Performance
October 31, 2023 (Unaudited) (Continued)
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/EMFQ. Per the prospectus, the Fund's Total Expense Ratio was 0.69%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
12
Amplify ETF Trust
Amplify Seymour Cannabis ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify Seymour Cannabis ETF (CNBS or the “Fund”) is an actively managed and seeks to provide investors capital appreciation by investing in the securities of global companies engaged in cannabis and hemp ecosystem across one of three classifications, which includes cannabis/hemp plant (pharmaceuticals/biotechnology, cultivation & retail, hemp products and cannabis-infused products), support (agricultural technology, real estate and commercial services), and ancillary (consumption devices/mechanisms, investing & finance, technology & media and other ancillary).
The Fund had a NAV total return of -46.60%. The Fund is actively managed and does not track an index. The S&P 500 Index had a total return of 10.14%. During the fiscal year, the top three sectors for contribution to performance were Financials at -18.30%, Real Estate at -30.99% and Health Care at -38.42%. The sectors with the lowest contribution to performance were Information Technology at -47.24%, Industrials at -61.30% and Consumer Staples at -68.00%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||||
|
One Year |
Three Year |
Inception
to | ||||
|
Amplify Seymour Cannabis ETF – NAV |
-46.60% |
-32.22% |
-35.85% | |||
|
Amplify Seymour Cannabis ETF – Market Price |
-46.95% |
-32.36% |
-35.84% | |||
|
S&P 500 Index |
10.14% |
10.36% |
10.09% | |||
(a) Fund commenced operations on July 22, 2019.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/CNBS. Per the prospectus, the Fund's Gross Expense Ratio was 1.08% and the Net Expense Ratio was 0.75%. The Adviser has contractually agreed to waive the management fee until March 1, 2024. Performance would have been lower without fee waivers in effect. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
13
Amplify ETF Trust
Amplify BlackSwan ISWN ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify BlackSwan ISWN ETF (ISWN or the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S-Network International BlackSwan Index (the “Index”). The Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the securities that comprise the Index, which will primarily include U.S. Treasury securities and long-dated call options (“LEAP Options”) on the iShares MSCI EAFE ETF (“EFA”). The Index is a rules-based, quantitative index that seeks to provide capital protection against the unpredictable, rare and highly disruptive events that have come to be referred to as “Black Swans.”
The Fund had a NAV total return of -0.80%. The Index had a total return of -0.18%. The MSCI EAFE Index had a total return of 14.40%. During the year the Fund primarily held LEAPS and US Treasuries. The LEAPS returned 81.64% for the period while the Treasuries returned -1.36%. The performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||
|
One Year |
Inception
to | |||
|
Amplify BlackSwan ISWN ETF – NAV |
-0.80% |
11.43% | ||
|
Amplify BlackSwan ISWN ETF – Market Price |
-0.78% |
-11.43% | ||
|
S-Network BlackSwan International Index |
-0.18% |
-10.83% | ||
|
MSCI EAFE Net Index |
14.40% |
-1.47% | ||
(a) Fund commenced operations on January 25, 2021.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/ISWN. Per the prospectus, the Fund's Total Expense Ratio was 0.49%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
14
Amplify ETF Trust
Amplify Thematic All-Stars ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify Thematic All-Stars ETF (MVPS or the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the ETF All-Stars Thematic Composite Index (the “Index”). The Index seeks to provide access to the equity securities of a diversified basket of U.S. and non-U.S. companies that are owned by exchange-traded funds (“ETFs”) included in select “thematic” market segments: disruptive technology, evolving consumer, FinTech, health care innovation, industrial revolution, sustainability, and multi-theme.
The Fund had a NAV total return of 0.37%. The Index had a total return of 1.10%. The S&P 500 Index had a total return of 10.14%. During the fiscal year, the top three sectors for contribution to performance were Communication Services at 33.42%, Real Estate at 11.90% and Information Technology at 7.37%. The sectors with the lowest contribution to performance were Industrials at -23.22%, Utilities at -28.59% and Materials at -37.84%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||
|
One Year |
Inception
to | |||
|
Amplify Thematic All-Stars ETF – NAV |
0.37% |
-17.49% | ||
|
Amplify Thematic All-Stars ETF – Market Price |
0.20% |
-17.66% | ||
|
ETF All-Stars Thematic Composite Index |
1.10% |
-16.98% | ||
|
S&P 500 Index |
10.14% |
0.25% | ||
(a) Fund commenced operations on July 20, 2021.
15
Amplify ETF Trust
Amplify Thematic All-Stars ETF
Fund Performance
October 31, 2023 (Unaudited) (Continued)
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/MVPS. Per the prospectus, the Fund's Total Expense Ratio was 0.49%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
16
Amplify ETF Trust
Amplify BlackSwan Tech & Treasury ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify BlackSwan Tech & Treasury ETF (QSWN or the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S-Network BlackSwan Tech & Treasury Index (the “Index”). The Fund will invest at least 80% of its net assets in the securities that comprise the S-Network BlackSwan Tech & Treasury Index, which will primarily include U.S. Treasury securities and long-dated call options (“LEAP Options”) on the Invesco QQQ Trust, Series 1 (“QQQ”).
The Fund had a NAV total return of 5.25%. The Index had a total return of 5.76%. The Nasdaq 100 Index had a total return of 27.45%. During the year the Fund primarily held LEAPS and US Treasuries. The LEAPS returned 117.77% for the period while the Treasuries returned -1.35%. The performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||
|
One Year |
Inception
to | |||
|
Amplify BlackSwan Tech & Treasury ETF – NAV |
5.25% |
-15.58% | ||
|
Amplify BlackSwan Tech & Treasury ETF – Market Price |
5.10% |
-15.62% | ||
|
S-Network BlackSwan Tech & Treasury Index |
5.76% |
-15.28% | ||
|
Nasdaq 100 Total Return Index |
27.45% |
-5.80% | ||
(a) Fund commenced operations on December 8, 2021.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/QSWN. Per the prospectus, the Fund's Total Expense Ratio was 0.49%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
17
Amplify ETF Trust
Amplify Inflation Fighter ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify Inflation Fighter ETF (IWIN or the “Fund”) seeks to provide investors with long-term capital appreciation in inflation-adjusted terms. The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing up to 80% of its net assets (plus borrowings for investment purposes) in portfolio holdings expected to benefit, either directly or indirectly, from rising prices (i.e., inflation).
The Fund had a NAV total return of 15.99%. The Fund is actively managed and does not track an index. The S&P 500 Index had a total return of 10.14%. During the fiscal year, the top three sectors for contribution to performance were Consumer Discretionary at 47.72%, Materials at 26.51% and Energy at 14.21%. The sectors with the lowest contribution to performance were Real Estate at -5.11%, Consumer Staples at -19.53% and Financials at -47.56%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||
|
One Year |
Inception
to | |||
|
Amplify Inflation Fighter ETF – NAV(b) |
15.99% |
-2.67% | ||
|
Amplify Inflation Fighter ETF – Market Price |
16.07% |
-2.67% | ||
|
S&P 500 Index |
10.14% |
-2.93% | ||
(a) Fund commenced operations on February 1, 2022.
(b) Return calculated using traded NAV.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/IWIN. Per the prospectus, the Fund's Total Expense Ratio was 0.92%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
18
Amplify ETF Trust
Amplify Natural Resources Dividend Income ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify Natural Resources Dividend Income ETF (NDIV or the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the EQM Natural Resources Dividend Income Index (the “Index”). The Index is a gross total return index that seeks to provide investment exposure to dividend-paying equity securities of global companies operating primarily in the following natural resource, commodity-related industries: energy (oil, gas & consumable fuels), chemicals, agriculture, precious and industrial metals & mining, paper products, and timber.
The Fund had a NAV total return of 12.34 %. The Index had a total return of 13.22%. The MSCI AC World Index Ex USA Net Index had total a return of 12.07%. The Fund is concentrated in several sectors. During the fiscal year, the contribution to return across these sectors was Energy at 12.18%, Materials at -0.81% and Industrials at -38.78%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||
|
One Year |
Inception
to | |||
|
Amplify Natural Resources Dividend Income ETF – NAV |
12.34% |
8.27% | ||
|
Amplify Natural Resources Dividend Income ETF – Market Price |
12.34% |
8.31% | ||
|
EQM Natural Resources Dividend Income Index |
13.22% |
9.40% | ||
|
MSCI AC World Index Ex USA Net Index |
12.07% |
1.63% | ||
|
MSCI AC World Index |
10.50% |
2.08% | ||
(a) Fund commenced operations on August 23, 2022.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/NDIV. Per the prospectus, the Fund's Total Expense Ratio was 0.59%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
The Fund changed its benchmark index from the MSCI AC World Index Ex USA Net Index to the MSCI AC World Index.
19
Amplify ETF Trust
Amplify International Enhanced Dividend Income ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify International Enhanced Dividend Income ETF (IDVO or the “Fund”) seeks to provide current income as its primary investment objective and to provide capital appreciation as its secondary investment objective. The Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in dividend-paying U.S. exchange-traded American depositary receipt (“ADR”) securities (“Equity Securities”) that are organized or located outside of the United States and will opportunistically utilize an “option strategy” consisting of writing (selling) U.S. exchange-traded covered call option contracts on such Equity Securities.
The Fund had a NAV total return of 14.59 %. The Fund is actively managed and does not track an index. The MSCI AC World Index ex USA Index had a total return of 12.07%. During the fiscal year, the top three sectors for contribution to performance were Materials at 33.08%, Energy at 28.77% and Health Care at 22.06%. The sectors with the lowest contribution to performance were Consumer Staples at 7.19%, Industrials at -2.26% and Utilities at -22.67%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
ANNUALIZED RETURNS | ||||
|
One Year |
Inception
to | |||
|
Amplify International Enhanced Dividend Income ETF – NAV |
14.59% |
10.50% | ||
|
Amplify International Enhanced Dividend Income ETF – Market Price |
14.41% |
10.46% | ||
|
MSCI AC World Index Ex USA Net Index |
12.07% |
6.28% | ||
(a) Fund commenced operations on September 7, 2022.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/IDVO. Per the prospectus, the Fund's Total Expense Ratio was 0.65%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
20
Amplify ETF Trust
Amplify Cash Flow Dividend Leaders ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify Cash Flow Dividend Leaders ETF (COWS or the “Fund”) seeks investment results that generally track the total return performance (before fees and expenses) of the Kelly US Cash Flow Dividend Leaders Index (the “Index”). The Index uses an objective, rules-based methodology that comprises of at least 40 and up to 100 mid- to large-capitalization publicly traded equity securities of US companies exhibiting characteristics of high free cash flow and consistent dividend growth. A company’s “free cash flow” or “FCF” measures its cash flow from operations minus capital expenditures. The Index is reconstituted and rebalanced quarterly.
The Fund had a NAV total return of -6.94%. The Index had a total return of -6.96%. The S&P 500 Index had a total return of -5.85%. These returns are from the inception of the Fund on 9/12/23 through 10/31/23. During the since-inception period, the top three sectors for contribution to performance were Consumer Staples at 1.86%, Health Care at -2.62% and Communication Services at -4.34%. The sectors with the lowest contribution to performance were Industrials at -7.13%, Materials at -10.24% and Financials at -11.42%. Sector performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
TOTAL
RETURN | ||
|
Inception to Date(a) | ||
|
Amplify Cash Flow Dividend Leaders ETF – NAV |
-6.94% | |
|
Amplify Cash Flow Dividend Leaders ETF – Market Price |
-6.93% | |
|
Kelly US Cash Flow Dividend Leaders Index |
-6.96% | |
|
S&P 500 Index |
-5.85% |
(a) Fund commenced operations on September 12, 2023.
21
Amplify ETF Trust
Amplify Cash Flow Dividend Leaders ETF
Fund Performance
October 31, 2023 (Unaudited) (Continued)
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/COWS. Per the prospectus, the Fund's Gross Expense Ratio was 0.39% and the Net Expense Ratio was 0.00%. The Adviser has contractually agreed to waive the management fee until September 12, 2024. Performance would have been lower without fee waivers in effect. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
22
Amplify ETF Trust
Amplify Cash Flow High Income ETF
Fund Performance
October 31, 2023 (Unaudited)
The Amplify Cash Flow High Income ETF (HCOW or the “Fund”) seeks to provide investors with current income. The Fund is an actively managed ETF that seeks to achieve its investment objective by investing in shares of the Amplify Cash Flow Dividend Leaders ETF (the “COWS ETF”) and in a portfolio that seeks targeted rates of additional income pursuant to a “Call Income Strategy.” The Call Income Strategy provides investment exposure to daily sold call option contracts at strike prices above the then-current value of the S&P 500 Index and is designed to supplement the Fund’s investment in the COWS ETF, an exchange-traded fund investing in companies with high cash flows.
The Fund had a NAV total return of -5.18 %. The Fund is actively managed and does not track an index. The S&P 500 Index had a total return of -5.50%. These returns are from the inception of the Fund on 9/19/23 through 10/31/23. During the since-inception period, the Funds position in COWS contributed -5.37% and the Call Income Strategy contributed 0.92%. These performance numbers reflect their total return during the period.
Growth of a $10,000 Investment
(at Net Asset Value)
|
TOTAL
RETURN | ||
|
Inception to Date(a) | ||
|
Amplify Cash Flow High Income ETF – NAV |
-5.18% | |
|
Amplify Cash Flow High Income ETF – Market Price |
-5.17% | |
|
S&P 500 Index |
-5.50% |
(a) Fund commenced operations on September 19, 2023.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 855-267-3837 or visit AmplifyETFs.com/HCOW. Per the prospectus, the Fund's Total Expense Ratio was 0.65%. The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Index returns assume reinvestment of dividends and, unlike a Fund’s returns, do not reflect any fees or expenses. If such fees and expenses were included in the index returns, the performance would have been lower. Please note that one cannot invest directly in an unmanaged index.
There are no assurances that the Fund will meet its stated objectives.
The Fund’s holdings and allocations are subject to change and should not be considered recommendations to buy individual securities.
Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
23
|
Description |
Shares |
Value | |||
|
INVESTMENT COMPANIES — 99.5% |
|
||||
|
Equity — 10.2% |
|
||||
|
Aberdeen
Total Dynamic |
1,256,862 |
$ |
9,124,818 | ||
|
John
Hancock Premium |
186,621 |
|
1,785,963 | ||
|
Kayne Anderson Energy Infrastructure Fund(a) |
1,220,006 |
|
9,686,848 | ||
|
Liberty All-Star Equity Fund(a) |
1,077,393 |
|
6,281,201 | ||
|
MainStay CBRE Global Infrastructure Megatrends Term Fund |
719,490 |
|
7,943,170 | ||
|
|
34,822,000 | ||||
|
Fixed Income — 89.3% |
|
||||
|
Aberdeen
Asia-Pacific Income |
3,152,208 |
|
7,533,777 | ||
|
AllianceBernstein Global High Income Fund, Inc. |
499,325 |
|
4,638,729 | ||
|
BlackRock Corporate High Yield Fund, Inc. |
980,125 |
|
8,262,454 | ||
|
BlackRock Credit Allocation Income Trust |
230,148 |
|
2,121,965 | ||
|
BlackRock Resources & Commodities Strategy Trust |
782,738 |
|
6,747,202 | ||
|
BlackRock
Taxable Municipal |
100,585 |
|
1,504,752 | ||
|
Blackstone Strategic Credit 2027 Term Fund |
976,202 |
|
10,386,789 | ||
|
Cohen & Steers Quality Income Realty Fund, Inc. |
454,915 |
|
4,330,791 | ||
|
Cohen &
Steers Tax-Advantaged Preferred Securities & Income |
341,087 |
|
5,733,672 | ||
|
DoubleLine Income Solutions Fund(a) |
284,791 |
|
3,115,613 | ||
|
DoubleLine Yield Opportunities Fund |
403,388 |
|
5,728,110 | ||
|
Eagle Point Credit Co., Inc.(a) |
1,398,818 |
|
13,092,936 | ||
|
Eaton
Vance Ltd. Duration |
1,161,296 |
|
10,080,049 | ||
|
First Trust High Yield Opportunities 2027 Term Fund |
265,727 |
|
3,403,963 | ||
|
First Trust Intermediate Duration Preferred & Income Fund |
597,550 |
|
8,503,136 | ||
|
Description |
Shares |
Value | |||
|
Flaherty & Crumrine Preferred and Income Securities Fund, Inc. |
250,733 |
$ |
3,146,699 | ||
|
FS Credit Opportunities Corp. |
1,844,935 |
|
10,054,896 | ||
|
Guggenheim
Active Allocation |
282,365 |
|
3,696,158 | ||
|
Highland Opportunities and Income Fund |
889,158 |
|
6,490,853 | ||
|
Invesco Senior Income Trust |
2,971,888 |
|
11,590,363 | ||
|
Nuveen AMT-Free Municipal Credit Income Fund |
826,039 |
|
8,285,171 | ||
|
Nuveen California Quality Municipal Income Fund |
575,123 |
|
5,394,654 | ||
|
Nuveen Credit Strategies Income Fund |
2,080,321 |
|
10,172,770 | ||
|
Nuveen Floating Rate Income Fund/Closed-end Fund |
1,328,839 |
|
10,404,809 | ||
|
Nuveen
Municipal Credit |
594,366 |
|
6,003,097 | ||
|
Nuveen Preferred & Income Opportunities Fund(a) |
1,668,862 |
|
10,113,304 | ||
|
Nuveen Preferred & Income Securities Fund(a) |
1,581,779 |
|
9,411,585 | ||
|
Nuveen
Quality Municipal |
377,053 |
|
3,698,890 | ||
|
Oxford Lane Capital Corp.(a) |
2,742,243 |
|
12,998,232 | ||
|
PGIM Global High Yield Fund, Inc. |
968,367 |
|
10,041,966 | ||
|
PIMCO Access Income Fund |
800,123 |
|
10,425,603 | ||
|
PIMCO Corporate & Income Opportunity Fund |
806,898 |
|
10,328,294 | ||
|
Pimco Dynamic Income Fund |
694,636 |
|
11,350,352 | ||
|
PIMCO Dynamic Income Opportunities Fund |
938,977 |
|
10,272,408 | ||
|
PIMCO High Income Fund |
1,684,197 |
|
7,242,047 | ||
|
PIMCO Income Strategy Fund II |
430,519 |
|
2,673,523 | ||
|
Thornburg Income Builder Opportunities Trust |
538,986 |
|
7,540,414 | ||
|
Western
Asset Diversified |
792,244 |
|
9,839,670 | ||
|
Western Asset Emerging Markets Debt Fund, Inc. |
1,063,184 |
|
8,569,263 | ||
|
Western Asset Inflation-Linked Opportunities & Income Fund |
1,154,715 |
|
9,457,116 | ||
|
|
304,386,075 | ||||
|
Total
Investment Companies |
|
339,208,075 | |||
|
|
|||||
|
MONEY MARKET FUNDS — 0.1% |
|
||||
|
Invesco
Government & Agency Portfolio - Institutional |
571,526 |
|
571,526 | ||
|
Total Money
Market Funds
|
|
571,526 | |||
The accompanying notes are an integral part of the financial statements.
24
Amplify ETF Trust
Amplify High Income ETF
Schedule of Investments
October 31, 2023 (Continued)
|
Description |
Shares |
Value | |||
|
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING — 2.3% |
|
||||
|
First American Government Obligations Fund - Class X — 5.21%(b) |
7,804,375 |
$ |
7,804,375 | ||
|
Total
Investments Purchased with Proceeds from Securities Lending |
|
7,804,375 | |||
|
|
|||||
|
Total
Investments — 101.9% |
$ |
347,583,976 | |||
Percentages are based on Net Assets of $340,947,275.
(a) All or a portion of this security is out on loan as of October 31, 2023. Total value of securities out on loan is $7,660,967 or 2.2% of net assets.
(b) Seven-day yield as of October 31, 2023.
The accompanying notes are an integral part of the financial statements.
25
Amplify ETF Trust
Amplify Online Retail ETF
Schedule of Investments
October 31, 2023
|
Description |
Shares |
Value | |||
|
COMMON STOCKS — 99.9% |
|
||||
|
Omnichannel — 10.6% |
|
||||
|
Apple, Inc. |
5,752 |
$ |
982,269 | ||
|
Best Buy Co., Inc. |
13,291 |
|
888,104 | ||
|
Dick’s Sporting Goods, Inc. |
8,279 |
|
885,439 | ||
|
Gap, Inc. |
109,714 |
|
1,404,339 | ||
|
H & M Hennes & Mauritz AB |
29,854 |
|
399,303 | ||
|
Industria de Diseno Textil SA |
13,171 |
|
453,625 | ||
|
Kohl’s Corp. |
40,319 |
|
909,193 | ||
|
Kroger Co. |
23,089 |
|
1,047,548 | ||
|
Lululemon Athletica, Inc.(a) |
1,365 |
|
537,100 | ||
|
Macy’s, Inc. |
68,333 |
|
832,296 | ||
|
Next PLC |
5,555 |
|
464,796 | ||
|
NIKE, Inc. - Class B |
10,317 |
|
1,060,278 | ||
|
Nordstrom, Inc. |
49,703 |
|
694,848 | ||
|
Tapestry, Inc. |
26,460 |
|
729,238 | ||
|
Target Corp. |
8,254 |
|
914,461 | ||
|
The Home Depot, Inc. |
3,377 |
|
961,398 | ||
|
Ulta Beauty, Inc.(a) |
2,476 |
|
944,124 | ||
|
Walmart, Inc. |
6,975 |
|
1,139,785 | ||
|
Williams-Sonoma, Inc. |
8,079 |
|
1,213,789 | ||
|
|
16,461,933 | ||||
|
Marketplace — 38.5% |
|
||||
|
Adevinta ASA(a) |
223,810 |
|
1,964,432 | ||
|
Affirm Holdings, Inc.(a) |
259,000 |
|
4,560,990 | ||
|
Alibaba Group Holding Ltd.(a) |
131,000 |
|
1,340,091 | ||
|
BigCommerce Holdings, Inc.(a) |
427,673 |
|
3,802,013 | ||
|
Copart, Inc.(a) |
96,290 |
|
4,190,541 | ||
|
Coupang, Inc.(a) |
250,612 |
|
4,260,404 | ||
|
Dada Nexus Ltd. - ADR(a) |
281,844 |
|
1,082,281 | ||
|
Delivery Hero SE(a)(c) |
35,384 |
|
897,432 | ||
|
DoorDash, Inc. - Class A(a) |
49,462 |
|
3,707,177 | ||
|
Etsy, Inc.(a) |
44,458 |
|
2,769,733 | ||
|
Fiverr International Ltd.(a)(b) |
57,828 |
|
1,224,219 | ||